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Rox Resources Ltd (ASX:RXL) has completed a prefeasibility study on its Youanmi Gold Project in Western Australia, indicating potential for more than 100 thousand ounces of gold doré to be produced per annum over a mine life of 7.7 years. Within this framework, the company would achieve a production target of 786 thousand ounces of gold doré over the given period, with the study also confirming a maiden high-grade gold reserve of 546 thousand ounces at 4.4 grams per tonne, whose value was set at A$2,600 per ounce. The company has agreed to progress Youanmi to the definitive feasibility stage, …

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